| Opening of Offer for Sale for Inox Wind Limited |
Trading and Custodian Members of the Exchange are requested to refer to notice nos. 20160218-33 dated February 18, 2016, detailing Revised Guidelines for Bidding in Offer for Sale (OFS) Segment. The above guidelines were issued by the Exchange with reference to Securities and Exchange Board of India (SEBI) circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, regarding “Review of Offer for Sale (OFS) of Shares through Stock Exchange Mechanism”.
All Market Participants are hereby informed that, Gujarat Fluorochemicals Limited proposes to sell up to 1,35,61,331 Equity Shares, Devansh Trademart LLP proposes to sell up to 25,00,000 Equity Shares, Inox Chemicals LLP proposes to sell up to 25,00,000 Equity Shares, Siddhapavan Trading LLP proposes to sell up to 25,00,000 Equity Shares and Siddho Mal Trading LLP proposes to sell up to 25,00,000 Equity Shares (aggregating to 2,35,61,331 Equity Shares collectively referred to as the “Offer Shares” of face value of Rs. 10/- each (the “Equity Shares”) of Inox Wind Limited (the “Company”)) (The Offer Shares represent 10.62% of the paid up capital of Inox Wind Limited) on March 19, 2018 (for non-Retail Investors only) and on March 20, 2018 (for Retail Investors and for non-Retail Investors who choose to carry forward their bids) through a separate, designated window in accordance with SEBI circular no. CIR/MRD/DP/18/2012 dated July 18, 2012 regarding Comprehensive Guidelines for Offer for Sale of Shares by Promoters through the Stock Exchange Mechanism, as amended by SEBI circular no. CIR/MRD/DP/36/2016 dated February 15, 2016, SEBI circular no. CIR/MRD/DP/12/2015 dated June 26, 2015, SEBI circular no. CIR/MRD/DP/04/2013 dated January 25, 2013, SEBI circular no. CIR/MRD/DP/24/2014 dated August 8, 2014 and SEBI circular no. CIR/MRD/DP/31/2014 dated December 01, 2014. The particulars of the above offer for sale are attached to this notice.
The Floor Price for the Offer shall be Rs. 115/- (Rupees One Hundred Fifteen only) per Equity Share.
BSE is the Designated Stock Exchange for the issue.
Market participants are further requested to note that the Exchange would disseminate the details of this Offer for Sale on BSE Website – www.bseindia.com.
Bhushan Mokashi
Additional General Manager
March 16, 2018
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